Axxcess Wealth Management LLC Reduces Stock Position in Innovator Laddered Allocation Buffer ETF $BUFB

Axxcess Wealth Management LLC lessened its position in Innovator Laddered Allocation Buffer ETF (BATS:BUFB) by 5.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 452,850 shares of the company’s stock after selling 26,940 shares during the period. Axxcess Wealth Management LLC owned 7.27% of Innovator Laddered Allocation Buffer ETF worth $16,185,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Syntegra Private Wealth Group LLC boosted its holdings in shares of Innovator Laddered Allocation Buffer ETF by 2.1% during the second quarter. Syntegra Private Wealth Group LLC now owns 154,233 shares of the company’s stock worth $5,225,000 after purchasing an additional 3,134 shares during the period. Caliber Wealth Management LLC KS purchased a new position in Innovator Laddered Allocation Buffer ETF during the 2nd quarter valued at about $450,000. Envestnet Asset Management Inc. raised its position in Innovator Laddered Allocation Buffer ETF by 11.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 189,383 shares of the company’s stock valued at $6,416,000 after purchasing an additional 19,875 shares during the last quarter. GWN Securities Inc. lifted its holdings in Innovator Laddered Allocation Buffer ETF by 16.6% in the 2nd quarter. GWN Securities Inc. now owns 149,668 shares of the company’s stock worth $5,073,000 after buying an additional 21,256 shares during the period. Finally, Trail Ridge Investment Advisors LLC purchased a new stake in Innovator Laddered Allocation Buffer ETF in the 2nd quarter worth approximately $209,000.

Innovator Laddered Allocation Buffer ETF Stock Performance

BUFB opened at $36.83 on Wednesday. Innovator Laddered Allocation Buffer ETF has a 52-week low of $28.23 and a 52-week high of $37.25. The stock has a market capitalization of $229.45 million, a PE ratio of 24.89 and a beta of 0.70. The stock’s 50 day moving average price is $36.77 and its 200-day moving average price is $35.96.

About Innovator Laddered Allocation Buffer ETF

The Innovator Laddered Allocation Buffer ETF (BUFB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of 12 Innovator US Equity Buffer ETFs, which target specific buffered losses and capped gains on the S&P 500. BUFB was launched on Feb 9, 2022 and is managed by Innovator.